Sigma Healthcare (ASX:SIG) 1-Year Share Buyback Ratio : 0.00% (As of Jan. 2025 )

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What is Sigma Healthcare 1-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Sigma Healthcare's current 1-Year Share Buyback Ratio was 0.00%.

ASX:SIG's 1-Year Share Buyback Ratio is not ranked ^*
in the Medical Distribution industry.
Industry Median: -0.1
* Ranked among companies with meaningful 1-Year Share Buyback Ratio only.

Competitive Comparison of Sigma Healthcare's 1-Year Share Buyback Ratio

For the Medical Distribution subindustry, Sigma Healthcare's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sigma Healthcare's 1-Year Share Buyback Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sigma Healthcare's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Sigma Healthcare's 1-Year Share Buyback Ratio falls into.

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Sigma Healthcare 1-Year Share Buyback Ratio Calculation

Sigma Healthcare's 1-Year Share Buyback Ratio for the quarter that ended in Jan. 2025 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Jan. 2024 )	-	Shares Outstanding (EOP) (Jan. 2025 ))	/	Shares Outstanding (EOP) (Jan. 2024 )
	=	(1631.866	-	1631.866)	/	1631.866
	=	0.0%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sigma Healthcare (ASX:SIG) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Sigma Healthcare 1-Year Share Buyback Ratio Related Terms

Sigma Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sigma Healthcare Ltd (ASX:SIG) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

SIGGF:USA S5YA:Germany

Address

2125 Dandenong Road, Level 6, Clayton, Melbourne, VIC, AUS, 3168

Website

https://www.sigmahealthcare.com.au

Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.